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Jan 6, 2013
01/13
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the president says he isn't going to have a debate with us over the debt ceiling. he also says he's not going to cut spending with along with the debt limit hike. citing a poll by david winston says that any increase in the nation's debt limit must be accompanied by spending cuts. texas senator john correspond anyo cornyn threatened a partial government shutdown. the coming deadlines will be the next flash points in our ongoing fight to bring fiscal sanity to washington. it may be necessary to shut down the government in order to secure the long-term fiscal well-being of our country, rather than plod along the path of greece, italy and spain. president obama needs to take note and put forth a plan immediately. and pat tume voiced the same sentiment in week earlier on "morning joe." >> our opportunity is on the debt ceiling. the president made it very clear. he doesn't want to have a discussion about it, because he knows this is where we have lev range. we republicans need to tolerate a temporary partial government shutdown which is what it could mean and insist we
the president says he isn't going to have a debate with us over the debt ceiling. he also says he's not going to cut spending with along with the debt limit hike. citing a poll by david winston says that any increase in the nation's debt limit must be accompanied by spending cuts. texas senator john correspond anyo cornyn threatened a partial government shutdown. the coming deadlines will be the next flash points in our ongoing fight to bring fiscal sanity to washington. it may be necessary to...
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Jan 26, 2013
01/13
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we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this across the board budget ax. we're going to come back, we're going to rethink this and we're going to try to get those savings in a more -- in a smarter way. and that hope as it were is pretty much shot now when you talk to the republicans and democrats in the congress. republicans believe many of the deficit hawks out there believe this is the best chance they have for cutting spending. it's going to become law on march 1st. it's already on the way to taking effect. and democrats are happy to replace some of those cuts, particularly in the military side, but they want to do it with tax increases which
we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this...
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Jan 5, 2013
01/13
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the president says he isn't going to have a debate with us over the debt ceiling. he also says he's not going to cut spending along with the debt limit hike. and then citing a poll conducted by republican david winston, boehner said, 72% of americans agree any increase in the nation's debt limit must be accompanied by spending cuts and reforms of a greater amount. the debate is already under way. number two, texas senator john cornyn took that fighting spirit even further threatening a partial government shutdown. he said in an op-ed, the coming deadlines will be the next flash points in our ongoing fight to bring fiscal sanity to washington. it may be necessary to partially shut down the government in order to secure the long-term fiscal well-being of our country rather than plod along the path of greece, italy, and spain. president obama needs to take note of this reality and put forward a plan to avoid it immediately. finally, pennsylvania republican senator pat toomey voiced the same sentiment earlier this week on "morning joe." >> our opportunity here is on th
the president says he isn't going to have a debate with us over the debt ceiling. he also says he's not going to cut spending along with the debt limit hike. and then citing a poll conducted by republican david winston, boehner said, 72% of americans agree any increase in the nation's debt limit must be accompanied by spending cuts and reforms of a greater amount. the debate is already under way. number two, texas senator john cornyn took that fighting spirit even further threatening a partial...
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Jan 12, 2013
01/13
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for every dollar for the debt ceiling? >> well, there will be rules and demands but i think the discussion about the trillion dollar coin shows how cheesy things can get. we have a situation where we have this discussion, kind of discussion and you it's a kind of thing that really makes you wonder about the dignity of the united states government. >> is the president there, bob? is that hail to the chief? >> guess who didn't turn off his phone. >> and now we know your ring tone. robert, last question to you. the debt ceiling. >> it's a great question. i think republicans are manning the barricades, they are going to the demand spending cuts. we know that the president said that he will not negotiate with house republicans as this debt ceiling approaches. remember, represents are under political pressure, especially the speaker of the house. because republicans are frustrated about how the fiscal cliff went, to now they are looking at the debt ceiling. >> we will watch and see, i love that we got to find out that bob franke
for every dollar for the debt ceiling? >> well, there will be rules and demands but i think the discussion about the trillion dollar coin shows how cheesy things can get. we have a situation where we have this discussion, kind of discussion and you it's a kind of thing that really makes you wonder about the dignity of the united states government. >> is the president there, bob? is that hail to the chief? >> guess who didn't turn off his phone. >> and now we know your...
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Sep 27, 2013
09/13
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spending cuts linked to the debt ceiling. the white house says no. a lot funnier. this is "way too early." >>> good morning. i'm brian shactman. it's friday, september 27th. i wanted to show a few headlines for mariano rivera. it was really awesome. we'll have the whole thing later on. this from "the daily news." exit sad man, which is enter sandman. this one from the "new york post," the greatest closure of all time. he's the greatest closer of all time. we'll show more of what he had to say a little bit later in t
spending cuts linked to the debt ceiling. the white house says no. a lot funnier. this is "way too early." >>> good morning. i'm brian shactman. it's friday, september 27th. i wanted to show a few headlines for mariano rivera. it was really awesome. we'll have the whole thing later on. this from "the daily news." exit sad man, which is enter sandman. this one from the "new york post," the greatest closure of all time. he's the greatest closer of all time....
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Sep 27, 2013
09/13
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ceiling. >> we are for cutting spending. what we're not for is negotiating with people with a bomb strapped to their chest. how we give them a better bargain, with the debt ceiling, take the full faith and credit of the united states off the table and let's have a discussion. >>> in illinois it's time to pay up. lawmakers must be paid despite the pension crisis. pat quinn halted them earlier this year. >>> hillary clinton endorsed bill deblasio. >>> and the white house is not insisting that its behind the online adorable care act. they are insisting they are not behind it. the page started earlier this month and features pictures of cute little animals like this little guy saying i can rest easy knowing lifetime caps on health coverage have been eliminated. >>> that's going to do it for your morning dish of scrambled politics. joining me now is christina bellantoni. we're getting closer and closer to the deadline. these government shutdowns cost millions and could even hurt the u.s. credit rating. how do you see this playing
ceiling. >> we are for cutting spending. what we're not for is negotiating with people with a bomb strapped to their chest. how we give them a better bargain, with the debt ceiling, take the full faith and credit of the united states off the table and let's have a discussion. >>> in illinois it's time to pay up. lawmakers must be paid despite the pension crisis. pat quinn halted them earlier this year. >>> hillary clinton endorsed bill deblasio. >>> and the...
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Jan 14, 2013
01/13
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ceiling by the amount of spending cuts that they're able to push through, and in order to replace the automatic spending cuts, the sequester, that's $1.2 trillion, say it takes another trillion $1.2 trillion to get us through one more year, they would have to identify $2.5 trillion in cuts just to get the debt ceiling extended to next year. $2.5 trillion. they can't even -- congress has not been able to identify $1.2 trillion in cuts that they're happy with because these same republicans say they don't want to cut defense. they claim that they don't want to gut medicare or harm the vulnerable, but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting our defense spending so the math just doesn't add up. now, what -- here's what would work. what would work would be for us to say we've already done close to $2 trillion in deficit reduction, and if you add the interest that we won't be paying because of less spending, and increased revenue, it adds up to about $2.5 trillion. it means we need abo
ceiling by the amount of spending cuts that they're able to push through, and in order to replace the automatic spending cuts, the sequester, that's $1.2 trillion, say it takes another trillion $1.2 trillion to get us through one more year, they would have to identify $2.5 trillion in cuts just to get the debt ceiling extended to next year. $2.5 trillion. they can't even -- congress has not been able to identify $1.2 trillion in cuts that they're happy with because these same republicans say...
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Mar 3, 2013
03/13
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what he left out is when they had the debt ceiling -- this is the result of failed debt ceiling cuts two years ago. republicans say let's reform this entitlement, that and others. the president rejected every entitlement reform the president put on the table. for now the president said we want to reform sbilentitlements. sure, let's do that. one thing they won't do is agree to any tax increases. >> it didn't sound like it, susan. just from a political point of view, seems a gamble for republicans only because public polling continues to show that the democrats and the president are the ones that get less blame anyway. >> there's clearly a miscalculation on the part of the white house. they figured that the defense cuts would be enough to force republicans back to the table, but not this republican party. that was the old republican party. this party cares more about spending than it does about keeping defense numbers up. therefore this option that seemed completely unacceptable, sounded like from your interview both sides ready to accept them. what we'll start to see is the sequester
what he left out is when they had the debt ceiling -- this is the result of failed debt ceiling cuts two years ago. republicans say let's reform this entitlement, that and others. the president rejected every entitlement reform the president put on the table. for now the president said we want to reform sbilentitlements. sure, let's do that. one thing they won't do is agree to any tax increases. >> it didn't sound like it, susan. just from a political point of view, seems a gamble for...
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Jan 28, 2013
01/13
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that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism called sequester. that means $1 trillion will be cut across the board. $500 billion out of defense. across the board. >> in a meat ax approach that will hollow out the force if it happens. >> one of the nation's largest defense contractors general dynamics based in false church virginia reported $2 billion in losses. blaming the upcoming defense cuts. the aerospace industry association estimates that $450,000 jobs will be lost in virginia, maryland and washington, d.c. if dequest ration cuts take place in march, which could be devastating to the local economy. >> we are talking about somethi
that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism...
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Feb 28, 2013
02/13
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lending the sequester and increasing the debt ceiling later. again, it was a miscalculation. the escape act that saved the day during the fiscal cliff fight is not there right now. here's why. one of the congressional bodies that democrats control, republicans cannot cut a deal because the top two democrats can't cut a deal. look at what they were front row seats to. they are both up for reelection in 2014 in their states that produced the following in 2010 and 2012. the most glaring examples of what compromise could cost. rand paul and ted cruz. they are well-understood. senator ron johnson this weekend said what all of us were thinking. >> i don't believe that speaker boehner would be speaker if that happens. i think he would lose our speakership. that is my personal opinion. >> if he does another deal with taxes in it. they are equally ham strung. they are evident at nearly every moment. take yesterday. >> can broadcast from springfield put it this way. hold strong and do not give in to more spending. >> people don't come to texas because they want handouts. they come beca
lending the sequester and increasing the debt ceiling later. again, it was a miscalculation. the escape act that saved the day during the fiscal cliff fight is not there right now. here's why. one of the congressional bodies that democrats control, republicans cannot cut a deal because the top two democrats can't cut a deal. look at what they were front row seats to. they are both up for reelection in 2014 in their states that produced the following in 2010 and 2012. the most glaring examples...
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Jan 3, 2013
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. >> republicans are eager to get their revenge by tying the spending cuts to the debt ceiling debate as they did last year. here is senator pat toomey of pennsylvania. >> we republicans need to be willing to tolerate a temporary partial government shutdown which is what that could mean, a temporary disruption because we have to furlough the workers of the department of education or close down some national parks or not cut the grass on the mall. you know, that's not optimal. it's disruptive, but it's a hell of a lot better than the path that we're on. >> senator toomey wants to pretend only a government shutdown would occur if the debt ceiling isn't raised. it's far worse, and president obama has vowed not let republicans use this tactic again. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up through the laws they already passed. >> all right. so the line in the sand is drawn. let's turn to karen finney, msnbc contributor, former dnc communications director. an
. >> republicans are eager to get their revenge by tying the spending cuts to the debt ceiling debate as they did last year. here is senator pat toomey of pennsylvania. >> we republicans need to be willing to tolerate a temporary partial government shutdown which is what that could mean, a temporary disruption because we have to furlough the workers of the department of education or close down some national parks or not cut the grass on the mall. you know, that's not optimal. it's...
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Jan 5, 2013
01/13
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ceiling debate to try to cut spending. so it looks like we are gearing up for another big battle, craig. this vacation will not last very long. >> kristen welker with a whole lot of day left in hawaii. i expect you have plans as well. good luck, kristen. >> thanks, craig. >> out with the old and in with the new. we're not just talking about out with the old and in with the new. we're not just talking about the fights on the horizon that will include a few familiar faces and washington post ed o'keefe, good afternoon to you, gentlemen. >> gentlemen. >> ed, the end of 2012, all about the fiscal cliff. right now we're talking about the debt ceiling discussion ahead. how tough of a fight is president obama going to be coming home will to? >> oh, a very tough one because republicans now determined more than ever to get spending cuts as part of the fiscal deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a l
ceiling debate to try to cut spending. so it looks like we are gearing up for another big battle, craig. this vacation will not last very long. >> kristen welker with a whole lot of day left in hawaii. i expect you have plans as well. good luck, kristen. >> thanks, craig. >> out with the old and in with the new. we're not just talking about out with the old and in with the new. we're not just talking about the fights on the horizon that will include a few familiar faces and...
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Jan 19, 2013
01/13
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the debt ceiling was the biggest bargaining chip that they had and they just moved it to basically a totally different battle which would be over the budget and spending in a few months. >> you're segeing an emerging consensus that you can't control the entire government if you only control one part of congress. seeing the hits they took in 2011 over the debt ceiling fight over the fiscal cliff battle and trying to reorganize their strategy here. >> was there some polling conducted or was there something else that acted as an impetus? was there some sort of epiphany in williamsburg? >> in williamsburg, their own republican pollsters presented their numbers and headlines are more popular right now than republicans in congress. >> you don't need a pollster to tell them what happened in the last couple of months with their reputation and the divisiveness among the caucus that's been very well publicized. >> the white house has responded to this proposal by calling it, quote, a terrible way to run the country and the president has a hard line stance of not negotiating on the debt ceiling
the debt ceiling was the biggest bargaining chip that they had and they just moved it to basically a totally different battle which would be over the budget and spending in a few months. >> you're segeing an emerging consensus that you can't control the entire government if you only control one part of congress. seeing the hits they took in 2011 over the debt ceiling fight over the fiscal cliff battle and trying to reorganize their strategy here. >> was there some polling conducted...
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Jan 21, 2013
01/13
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but his first priority is getting congress to increase the nation's debt ceiling at that talk about cutting the debt. that's where some think he will try to cement his legacy. >> he's going to try to get our long term in thailand obligations under control and set us on a new fiscal course. >> the president's first foreign-policy priority last term was israeli-palestinian peace. it's unlikely to take the top spot the second time, where most expect the president's focus to be on iran. >> it's hard to believe if we can't get a meaningful negotiation within the next two years that you will not have it read capable of producing a nuclear weapons. then, the u.s. has the choice in its negotiations -- will the solution be containment or is it going to be a preventive strike? >> as he takes the oath again, he will do it with the experience of that presidencies are often formed by crises that happened outside of their control. he will know all folksy brought here last i did not change washington. he will try something -- you have to try something new if you want to accomplish his ambitious agenda thi
but his first priority is getting congress to increase the nation's debt ceiling at that talk about cutting the debt. that's where some think he will try to cement his legacy. >> he's going to try to get our long term in thailand obligations under control and set us on a new fiscal course. >> the president's first foreign-policy priority last term was israeli-palestinian peace. it's unlikely to take the top spot the second time, where most expect the president's focus to be on iran....
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Jan 14, 2013
01/13
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the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the ages of 2011, they thought that using the debt ceiling was a great idea and got them great leverage. they have climbed up the mountain and rig down the mountain so many times with this president. >> climbed down the mountain. i think it was a -- >> good point. talk about a cliff. but, you're right. they don't really want to play that game. they don't want to be accused of not paying the country's bill, but how do thaw use that leverage in order to finally get to cuts, which the president said will be coming, but never seems to come in their lives. >> back to the white house here, boy, the markets would love t
the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the...
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Oct 9, 2013
10/13
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democrats must agree to spending cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and to live beyond our means. >> reporter: the treasury department says it will run out of money to pay its bills on october 17. susan mcginnis, cbs news, washington. >>> the international monetary fund issued a warning to a u.s. default on its loans would push the country back into a recession and hurt the global economy. >>> the district has remained open throughout the shutdown but it can't afford to for much longer. mayor gray is demanding to meet with president barack obama and congressional leaders about the shutdown. the d.c. council approved legislation allowing the city to use emergency reserve funds to pay municipal employees but the mayor told wusa that it would only last for seven to ten days. >>> it's going to be kind of hard to end the shutdown with some of the lawmakers in jail. at least eight congressional democrats were arrested yesterday after an immigration sit-in
democrats must agree to spending cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and to live beyond our means. >> reporter: the treasury department says it will run out of money to pay its bills on october 17. susan mcginnis, cbs news, washington. >>> the international monetary fund issued a warning to a u.s. default on its loans would push the country back into a recession and hurt the global economy....
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Sep 13, 2013
09/13
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we've got health care, the debt ceiling, budget cuts. congressman charlie rangel will join me live in studio next. [ male announcer ] here's a word you should keep in mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our name on it. we're in the business of finding the right investments for you. e-trade. less for us. more for you. the fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. for a current prospectus, visit etrade.com/mutualfunds. >>> battle lines are being drawn by the white house this morning, standing firm on a couple of major looming battles, insisting the administration will not negotiate over obama care, budget cuts or the debt ceiling. october 1st is starting to
we've got health care, the debt ceiling, budget cuts. congressman charlie rangel will join me live in studio next. [ male announcer ] here's a word you should keep in mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our name on it. we're in the...
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Jan 3, 2013
01/13
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WUSA
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and automatic spending cuts. >> what just happened with the debt and deficit and taxes, that doesn't go away. >> this is the reason that i ran for congress, so while it's daunting this is what i'm ready for. i'm here to work. >> the first major vote will come friday when the house takes up part of the superstorm sandy relief package. also today the house voted to retain john boehner as speaker of the house. >>> critics call grover norquist the single biggest impediment to a budget deal. you might think he'd be lying low as some of his allies passed a $666 billion tax increase, but bruce leshan reports norquist is keeping anything but quiet. >> no. i'm disappointed that we weren't able to continue all of the 2001, 2003 tax cuts. >> reporter: grover norquist's days are filled with media interviews and he's putting his best spin on the first republican vote to raise taxes in 22 years. >> they were scheduled to go higher if congress hadn't acted. they were scheduled to go higher on everybody. >> reporter: 238 members of the house and 41 senators have signed norquist's pledge never to rai
and automatic spending cuts. >> what just happened with the debt and deficit and taxes, that doesn't go away. >> this is the reason that i ran for congress, so while it's daunting this is what i'm ready for. i'm here to work. >> the first major vote will come friday when the house takes up part of the superstorm sandy relief package. also today the house voted to retain john boehner as speaker of the house. >>> critics call grover norquist the single biggest...
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Mar 17, 2013
03/13
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then what is agreed to infil law that came at the end of that dreadful process of holding the debt ceiling hostage. so unilaterally declared that to the floor for cuts and not a ceiling and now it is a way of avoiding the sequestration of the defense budget to the remarkable set of additional cutbacks and means tested programs of one sort or another. i even solve the most analytic reporters that david rogers of politico showed in the course of writing about that. and of course we had yesterday a successful republican filibuster on the senate democratic plan extending the law were student loan rate in financing it in a particular way. i know in "the new york times" this is the 21st successful republican filibuster in this congress. most of it is not if you will consequential and the filibuster was in the first two years because there was a republican house and democratic wishes from the white house and the senate are not likely to be realized but the fact is that it has been so commonplace and it's taken for granted in most press reports the word filibuster never is elevated to the story it
then what is agreed to infil law that came at the end of that dreadful process of holding the debt ceiling hostage. so unilaterally declared that to the floor for cuts and not a ceiling and now it is a way of avoiding the sequestration of the defense budget to the remarkable set of additional cutbacks and means tested programs of one sort or another. i even solve the most analytic reporters that david rogers of politico showed in the course of writing about that. and of course we had yesterday...
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Jan 2, 2013
01/13
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ceiling and spending cuts begin tomorrow and will last for many more months to come. tom vacar, ktvu k4578 two news. >>> good evening to you. we are bracing for the big chill once again tonight. tonight's temperatures will be even colder than what we felt the last night. right now 39 degrees lirnd fairfield. the sunset just an hour ago. 43 in livermore, low 50s in san francisco. i want to take intiew the evening hours. by 11, mid-30s to near 40 degrees expected around the bay area and our inland areas as we get into tomorrow morning those pocket of white indicating 20s in the forecast. at 11:00 this evening, we are expecting a frost advisory for parts of the bay, a freeze warning for the north bay. and this is what i expect we will see tomorrow morning. in santa rosa upper 20s. petaluma 27 as well as fairfield. 32 in redwood city. 34 degrees in san jose. your advisories for tonight, the freeze warning is for the north bay valleys and hills below 1,000 feet. the frost advisory for the bay area, not san francisco, but bayside communities and the santa clara valley. when
ceiling and spending cuts begin tomorrow and will last for many more months to come. tom vacar, ktvu k4578 two news. >>> good evening to you. we are bracing for the big chill once again tonight. tonight's temperatures will be even colder than what we felt the last night. right now 39 degrees lirnd fairfield. the sunset just an hour ago. 43 in livermore, low 50s in san francisco. i want to take intiew the evening hours. by 11, mid-30s to near 40 degrees expected around the bay area and...
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Jan 31, 2013
01/13
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wall street probably couldn't care less what washington does with the debt ceiling and cuts and things like that as long as they know what washington will be doing over the next 12 months, 24 months, and this is pie in the sky, it will never happen, 36 months. >> how about that? so, jared, mitch mcconnell was on the floor of the senate on wednesday, and he said it's actually not new revenue that we need, that it's cutting government waste as we've been talking about. >> right. >> let's listen to a few highlights. >> -- on pig manure. if they demand a one or fun ratio between tax increases and pig manure cuts, then there's really no hope of ever putting our country back on the path to prosperity. >> now, start with you, jared. correct me if i'm wrong, but isn't pig mature what paul ryan is actually trying to cut entitlements unless that's their word for entitlements? >> you know, there is no line in the government budget for waste, fraud, and abuse, although these guys pretend there is. when they talk about things like that, they don't know what they're talking about. during the recover
wall street probably couldn't care less what washington does with the debt ceiling and cuts and things like that as long as they know what washington will be doing over the next 12 months, 24 months, and this is pie in the sky, it will never happen, 36 months. >> how about that? so, jared, mitch mcconnell was on the floor of the senate on wednesday, and he said it's actually not new revenue that we need, that it's cutting government waste as we've been talking about. >> right....
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Feb 26, 2013
02/13
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this was president obama's idea back when we were negotiating raising the debt ceiling. the across-the-board cuts that disproportionately affect the military. the republicans almost 300 days ago put forward our plan to replace these cuts with smarter reforms, smarter cuts. there's a better way to do it. what we need is for the president to get off the campaign trail, quit talking about raising taxes, and actually deliver on his promise to cut spending. we're talking $85 billion. >> congresswoman, you say the president's got to stop campaigning and start negotiating. but if you look at the latest polls, it appears it's working. the public is going to blame your party, republicans. >> well, these cuts were the president's idea. we are very concerned about the impact that they're going to have. we hope as we move forward that the president will come back to washington, d.c., sit down with the senate democrats, urge them to come up with a plan to show that there is a better way to implement these cuts. $85 billion out of a $4.2 trillion budget. it can be done. but there's a
this was president obama's idea back when we were negotiating raising the debt ceiling. the across-the-board cuts that disproportionately affect the military. the republicans almost 300 days ago put forward our plan to replace these cuts with smarter reforms, smarter cuts. there's a better way to do it. what we need is for the president to get off the campaign trail, quit talking about raising taxes, and actually deliver on his promise to cut spending. we're talking $85 billion. >>...
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Jan 25, 2013
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ceiling and impose budgets that cut the government 40% in ten years, the idea behind those crisis mongers is that we have to slash the heck out of social insurance, out of programs that provide educational opportunities for poor people, out of things that push back against economic inequality. we can't afford it. we must cut them. the crisis dictates it. if there is no crisis and, as krugman and i argue, there is no crisis, if there is no crisis, they're just out there in nowhere land by themselves, by the way, without the majority of the electorate behind them. >> very briefly, jared, if you can, eric cantor says taxes are done, no taxes, so i guess another stalemate to come on that? >> i see -- it's hard to see how the budget that's going to come out of the senate, and i think patty murray is going to do a very good job on that, is going to reconcile with the kind of budgets we're looking at. >> jared bernstein who absolutely deserves the nobel peace prize, thank you, sir, thank you for joining us. and we'll be right back. ♪ alright, let's go. ♪ shimmy, shimmy chocolate. ♪ shimmy,
ceiling and impose budgets that cut the government 40% in ten years, the idea behind those crisis mongers is that we have to slash the heck out of social insurance, out of programs that provide educational opportunities for poor people, out of things that push back against economic inequality. we can't afford it. we must cut them. the crisis dictates it. if there is no crisis and, as krugman and i argue, there is no crisis, if there is no crisis, they're just out there in nowhere land by...
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Jan 1, 2013
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the debt ceiling deal -- these inskrim nat cuts are being displayed. they would happen many march if nothing is done. leadership is telling their rank-and-file, that's the ground we can fight on. that's when we're really going to get our way. >> many people are horrified at the prospect of another political battle surrounding the good faith and credit of the united states government. after all, they point out, it is the congress that passed these spending bills that the federal government is trying to pay for. congress is essentially saying, here, do this, but we're not going to give you the money to do it. that is going to be a fascinating game. people are pretty much tired of dysfunction here in the beltway, but on it goes. at any rate -- >> let me ask you about the white house side of this. i'm assuming that, you know, looking forward to the triple play, the white house thinks they have a couple of good things going for them, and both of them are speeches. one is the state of the union, and the other one even before that is the inaugural. >> yeah, a
the debt ceiling deal -- these inskrim nat cuts are being displayed. they would happen many march if nothing is done. leadership is telling their rank-and-file, that's the ground we can fight on. that's when we're really going to get our way. >> many people are horrified at the prospect of another political battle surrounding the good faith and credit of the united states government. after all, they point out, it is the congress that passed these spending bills that the federal government...
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Jan 3, 2013
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. >> reporter: also tops on the agenda, raising the debt ceiling. republicans will insist on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> the president thinks he's not going to negotiate. he better think again. he's president of the united states. he's not emperor of the planet. >> reporter: the last time the congress fought over the debt ceiling, we saw the first credit downgrade. >> it may take another downgrade, a default, the serious economic consequences that flow from it to jolt us back to some kind of reality. >> reporter: a new congress with old issues still undecided. and on a short deadline, too. it looks like we could hit that debt ceiling if a few weeks again. >> tracie potts, thank you very much. >>> house speaker john boehner has come under fire for his handling of the fiscal cliff talks and for postponing the sandy aid talk last week. we asked if the country would be better off with someone else as speaker? >> the hard right with t
. >> reporter: also tops on the agenda, raising the debt ceiling. republicans will insist on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> the president thinks he's not going to negotiate. he better think again. he's president of the united states. he's not emperor of the planet. >> reporter: the last time the congress fought over the debt ceiling, we saw the first...
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Jan 9, 2013
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, by reductions have to be considered separately from the debt ceiling and cuts too deep or aimed # at the wrong program, she says, "hurt the nation in crucial areas like education, technology, science, and energy." what's on the table for cuts? no social security, no medicare, the major drivers of benefits, but are the drivers of debt and deficit. what's on the table for spending cuts? >> guest: okay. there's a lot of questions there. >> host: right. >> guest: first of all, you know, the major drivers of the current deficits are two things. tax cuts for the wealthy and wars in iraq and afghanistan. this has been well documented by economists. let's not pretend like grandmother is responsible for the deficits. she's not. i promise you. yeah, you know, what would define a spending cut, again, cutting the amount of money that would pay for prescription drugs. getting the same drugs for $130 billion cheaper by untying medicare and medicaid's hands and lay low them to negotiation. that's a cut to save money, impacting the big guy, not the little guy. you know, if we sub subsidize ie name o
, by reductions have to be considered separately from the debt ceiling and cuts too deep or aimed # at the wrong program, she says, "hurt the nation in crucial areas like education, technology, science, and energy." what's on the table for cuts? no social security, no medicare, the major drivers of benefits, but are the drivers of debt and deficit. what's on the table for spending cuts? >> guest: okay. there's a lot of questions there. >> host: right. >> guest: first...
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Oct 10, 2013
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whatever they get now they will want more in the debt ceiling. >> you just said the magic words, cut social security and medicare. all of a sudden in the last 24 hours, i heard what was driving a lot of the conversation today. did that come up in the meeting? what was yours and the caucus' position as the thing to talk about in these negotiations? >> well, we choices to make, i mean, when we talk about cutting social security and medicare, as an example, raise the medicare age to 67, saving about $120 billion. the cost of going from 250 to 240, that cost about $200 billion, more than you save. so let's just make the choices. are we going to cut medicare? raise the age of medicare to 67 in order to provide tax cuts to people making more than $250,000? put the choices on the table. maybe those people want the tax cuts so bad they're willing to raise the age of medicare, let's be honest and put those on the table. but the last thing we need to do is reward them for shutting down the government by cutting social security, and shutting down the government. they need to get the crystal cle
whatever they get now they will want more in the debt ceiling. >> you just said the magic words, cut social security and medicare. all of a sudden in the last 24 hours, i heard what was driving a lot of the conversation today. did that come up in the meeting? what was yours and the caucus' position as the thing to talk about in these negotiations? >> well, we choices to make, i mean, when we talk about cutting social security and medicare, as an example, raise the medicare age to...
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Jan 15, 2013
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>> reporter: house speaker john boehner says the american do not support raising the debt ceiling without cutting spending at the same time. boehner calls the debt an anchor on our economy. here's the leading senate republican, making his point. >> it's sort of like you have a kid who exceeds the credit card limit. you tear up the credit card, but you look at the spending. the republicans are willing to pay for past bills. these are about future bills. the president is missing the point that we are on an unsustainable path. >> reporter: portman acknowledges the need to raise the debt ceiling, but he supports the context of getting a handle on the spenning. >> shepard: this is disaster relief for victims of super storm sand gee right. we have had plenty of lawmakers saying we need to get a handle on government spending, but not when people are waiting for major disaster relief money. a key new jersey democrat is saying people from new york, new jersey and connecticut pay their fair share. three state, 16% of the taxes. you ask the question: who suffered because of super storm sandy? certai
>> reporter: house speaker john boehner says the american do not support raising the debt ceiling without cutting spending at the same time. boehner calls the debt an anchor on our economy. here's the leading senate republican, making his point. >> it's sort of like you have a kid who exceeds the credit card limit. you tear up the credit card, but you look at the spending. the republicans are willing to pay for past bills. these are about future bills. the president is missing the...
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Jan 15, 2013
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ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand paul faces charges of assaulting a flight attendant on a january 5th flight in addition to underage drinking and other charges. >>> the chicago transportation authority is suing united airlines. they claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled wate
ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand...
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Oct 8, 2013
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without the lifting of the debt ceiling the government has to begin to cut spending as this prproceeds the cuts will be more difficult for society. >> raising the debt limit is not that big of a deal, is it or isn't it? >> it becomes a very big deal the longer the debt ceiling is not lifted. >> i would be suburb price subut the lifting of the debt ceiling the government will be forced to cut back on social security and just cutting back on the scogs l security would have an effect of the governmenspending. and create a recession. why are people saying a default could be worse than the financial crisis of 2008? >> that would bring in question the trillions of dollars of outstanding treasury debt. it's very important if we are going to have an adequate supply of credit to the sector. if the u.s. treasury defawtl den their debt. terrotreasury bonds would fail. that would automatically imply that mortgage yields would jump higher by several percentage points. it would be very difficult to get a mortgage or a loan and it would resemble the collapse of lehman brothers. >> john thank you. the
without the lifting of the debt ceiling the government has to begin to cut spending as this prproceeds the cuts will be more difficult for society. >> raising the debt limit is not that big of a deal, is it or isn't it? >> it becomes a very big deal the longer the debt ceiling is not lifted. >> i would be suburb price subut the lifting of the debt ceiling the government will be forced to cut back on social security and just cutting back on the scogs l security would have an...
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Oct 12, 2013
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the debt ceiling, but they chose to do this because they wanted to demonstrate their depth of passion and because obama care uniquely is something that excites the base on the republican side. >> matt welsh, thanks so much. have a great weekend. we will be right back with click three. (dad) just feather it out. that's right. (son) ok. feather it out. (dad) all right. that's ok. (dad) put it in second, put it in second. (dad) slow it down. put the clutch in, break it, break it. (dad) just like i showed you. dad, you didn't show me, you showed him. dad, he's gonna wreck the car! (dad) he's not gonna wreck the car. (dad) no fighting in the road, please. (dad) put your blinker on. (son) you didn't even give me a chance! (dad) ok. (mom vo) we got the new subaru because nothing could break our old one. (dad) ok. (son) what the heck? let go of my seat! (mom vo) i hope the same goes for my husband. (dad) you guys are doing a great job. seriously. (announcer) love a car that lasts. love. it's what makes a subaru, a subaru. at any minute... ...you could be a victim of fraud. most people don't e
the debt ceiling, but they chose to do this because they wanted to demonstrate their depth of passion and because obama care uniquely is something that excites the base on the republican side. >> matt welsh, thanks so much. have a great weekend. we will be right back with click three. (dad) just feather it out. that's right. (son) ok. feather it out. (dad) all right. that's ok. (dad) put it in second, put it in second. (dad) slow it down. put the clutch in, break it, break it. (dad) just...
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Jan 12, 2013
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because the debt ceiling represents spending that is already appropriated by congress. republicans say they want to trade it dollar for dollar, every spending cut has to be measured by the increase in the debt ceiling, but there is already some weakening republican ranks about whether they will go through. forcing a dae fault on the debt would be catastrophic to the country. it's very hard to hold that up as a hostage. >> we look at march 1st as a drop dead deadline. but you write that the government will be unable to pay its bills sometime between february 15th and march 1st. what does changing the timetable do to things? >> we don't know an exact date. that date from the bipartisan policy center, basically measuring the cash flow to the government. we're in an uncertain season, where we had the big fight over the fiscal cliff and tax revenue coming in, and there are tax refunds sent out, it creates a balance of how much money the treasury can keep going and the government coffers and not precisely clear when that will basically run out we hit the debt limit on decembe
because the debt ceiling represents spending that is already appropriated by congress. republicans say they want to trade it dollar for dollar, every spending cut has to be measured by the increase in the debt ceiling, but there is already some weakening republican ranks about whether they will go through. forcing a dae fault on the debt would be catastrophic to the country. it's very hard to hold that up as a hostage. >> we look at march 1st as a drop dead deadline. but you write that...
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Jan 3, 2013
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they're using the debt ceiling as a means to cut social security benefits, cut medicare benefits, cut unemployment insurance, cut anything of any use to any ordinary human being in this country. >> legislative terrorism holding the economy hostage, i would take from that. >>> mr. boehner, the speaker, reportedly told the gop that he's done negotiating one-on-one with president obama. what do you make of that? >> well, look, boehner is a chief of no indians. we saw it again today when he reached the end of the roll call. he didn't have enough votes to be speaker. he needed 218 votes to be speaker. when everybody had already voted. he was at 216. and then they had to drag in bachmann and get her vote and then he managed to eke out a two-vote viblctory in a house where he had 18 extra votes. that's how he is. he's a weak, weak man. a weak speaker. therefore, he can't negotiate with the president because the president can actually make commitments, make decisions. he can say when you send me a bill, i'll sign it. what can boehner say? nothing. >> so you led the charge against the gop tax
they're using the debt ceiling as a means to cut social security benefits, cut medicare benefits, cut unemployment insurance, cut anything of any use to any ordinary human being in this country. >> legislative terrorism holding the economy hostage, i would take from that. >>> mr. boehner, the speaker, reportedly told the gop that he's done negotiating one-on-one with president obama. what do you make of that? >> well, look, boehner is a chief of no indians. we saw it again...
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Sep 13, 2013
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the white house doesn't want to negotiate on the debt ceiling and republicans say we need to cut spending equal to the level that the debt ceiling would be raised. how this gets resolved is completely -- nobody has any idea right now and there's only a few more weeks before we hit the debt ceiling. >> and this is a political weapon that's the most useless piece of policy probably ever enacted by congress. >> but it's also a tool to remind the congress, though, that there's real people out there in this country who are faced with debt and it's a reality to them, you know. if their home is mortgaged and they have got a car payment and, you know, they have got everything on credit cards and they don't pay their bills and they don't, you know, keep their debt down, they have got a problem. so i think, you know, congress needs to at least listen to what your average person out there is saying about it. >> but on this one, tony, here's the irony. the deficit is on our trajectory in a better place than it was the last couple of times. >> yeah, it is. but having spending fights is great. but the
the white house doesn't want to negotiate on the debt ceiling and republicans say we need to cut spending equal to the level that the debt ceiling would be raised. how this gets resolved is completely -- nobody has any idea right now and there's only a few more weeks before we hit the debt ceiling. >> and this is a political weapon that's the most useless piece of policy probably ever enacted by congress. >> but it's also a tool to remind the congress, though, that there's real...
WHUT (Howard University Television)
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Jan 4, 2013
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the new congress faces another looming showdown over the debt ceiling and possible spending cuts delayed under the fiscal cliff deal. john boehner addressed the debt thursday in his opening speech. >> as speaker, i pledge to listen and to do all i can to help all of you carry out your oath of office that we are all about to take. because in our hearts we know it is wrong to pass this debt onto our kids and grandkids, now we have to be willing, truly willing to make this problem right. >> house speaker john boehner faced a massive backlashes week after initially canceling a vote on relief for superstorm sandy. the house is expected to vote on the first round of aid today. gun-control advocates introduced legislation on the first day of the new congress to ban high- capacity ammunition magazines in recent -- used in recent massacres including the one at sandy hook last month. carolyn mccarthy of new york said the assault magazines help put the mass in that shooting and anything we can do to stop their proliferation will save lives in america. she lost her husband in a shooting on the long
the new congress faces another looming showdown over the debt ceiling and possible spending cuts delayed under the fiscal cliff deal. john boehner addressed the debt thursday in his opening speech. >> as speaker, i pledge to listen and to do all i can to help all of you carry out your oath of office that we are all about to take. because in our hearts we know it is wrong to pass this debt onto our kids and grandkids, now we have to be willing, truly willing to make this problem right....
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Jan 5, 2013
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if they don't lift the debt ceiling, the economy shuts down. not only the u.s. economy, maybe the world economy. the consequences are drastic. look, the bottom line on this, michael, and you know this, nobody should be threatening or rattling sabers. everyone. president obama, harry reid, everyone knows we need significant spending cuts. it's about time we act maturely and get together and try to find out what the spending cuts that we have to make can be made in the least onerous way for the american people. we also need to raise more revenue. the fiscal cliff only raised $600 billion of revenue. we need to raise another $600 billion in revenue and we've got to find a way to do that, as well. >> i constantly, in my role as a talk radio host, hear the spending is out of control. and if this is spun as republicans standing up to all of that spending and saying enough is enough, i think the win could be at the gop's back. >> well, i don't know that the wind is at our back. first of all, governor, nice to see you again. i would tell you that spending is the problem
if they don't lift the debt ceiling, the economy shuts down. not only the u.s. economy, maybe the world economy. the consequences are drastic. look, the bottom line on this, michael, and you know this, nobody should be threatening or rattling sabers. everyone. president obama, harry reid, everyone knows we need significant spending cuts. it's about time we act maturely and get together and try to find out what the spending cuts that we have to make can be made in the least onerous way for the...
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Dec 13, 2013
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the last thing the republicans need is for the party to be into a conversation about the debt ceiling, sequestration, budget cuts, and all these things that are going to be hot button issues from an economic standpoint that put us much more in a defensive posture in negotiating with this administration than an aggressive posture we find ourselves in now. which is why a lot of the folks on the left are put out by this but haven't said too much because they know they have an upper hand here. i think boehner has given them a lot more maneuverability going into next year that they don't rightly appreciate. this is not just about a primary. this is not just about the political process. this is actually about governing in a way that helps open up greater political opportunities down the road. >> one guy rooting for boehner is chris christie. if boehner wins this, there's still a republican party of the center right. the far right is responding to attacks from the mainstream of their party by playing victim. they love playing this to the mean old mainstream out there. a coalition of more tha
the last thing the republicans need is for the party to be into a conversation about the debt ceiling, sequestration, budget cuts, and all these things that are going to be hot button issues from an economic standpoint that put us much more in a defensive posture in negotiating with this administration than an aggressive posture we find ourselves in now. which is why a lot of the folks on the left are put out by this but haven't said too much because they know they have an upper hand here. i...
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Oct 16, 2013
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ceiling. i'm cutting a deal. >> well, chris cillizza, let's hope the deal stands up. we have learned a profound lesson about our democracy, there is a growing disconnection between the people who are governed and the people governing them because they see it isn't working. thanks you so much. that does it for this special edition of "andrea mitchell reports" follow the show online and on twitter. tamron has a look at what's next. >> we have got breaking news, a deal to reopen the government and prevent default before tonight's midnight deadline. the senate set to vote this afternoon as house republicans plot their next month. what is next for senator ted cruz after announced he will not use a procedural tactic to block a vote. a major newspaper that endorsed him, now well they are having buyer's remorse. an alleged rape victim goes public after their family says they were forced to move out because of retaliation. some of the people they accuse are part of a popular football team. we've heard
ceiling. i'm cutting a deal. >> well, chris cillizza, let's hope the deal stands up. we have learned a profound lesson about our democracy, there is a growing disconnection between the people who are governed and the people governing them because they see it isn't working. thanks you so much. that does it for this special edition of "andrea mitchell reports" follow the show online and on twitter. tamron has a look at what's next. >> we have got breaking news, a deal to...
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Jan 20, 2013
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there are two issues here, chuck, the fiscal and financial issues, the debt ceiling, the automatic cuts, i won't say the "s" word, automatic cuts set to go into effect here. he's got to confront those issues, and how is that going to impact gun control, immigration, is stuff he wants to pursue but he wants to really go after in 2013? he's not going to have the capital to do that until he gets a solution, some kind of a deal on these big fiscal issues hanging over the congress. that's going to be the real story of the first six months of his second term is what do we do on the fiscal issues, can he get some kind of a grand bargain. are there enough tom coles in the congress. that's very much an open topic. >> who does he negotiate with? you know, it's been -- and, you know, i know that people have given the president all sorts of advice. you should work around the leadership. no, no, no. you need to spend more time with the leadership. wi lbj and dirksen got drunk every night. maybe not every night. >> you never know. >> that's not going to be mitch mcconnell and barack obama. but i'm mu
there are two issues here, chuck, the fiscal and financial issues, the debt ceiling, the automatic cuts, i won't say the "s" word, automatic cuts set to go into effect here. he's got to confront those issues, and how is that going to impact gun control, immigration, is stuff he wants to pursue but he wants to really go after in 2013? he's not going to have the capital to do that until he gets a solution, some kind of a deal on these big fiscal issues hanging over the congress. that's...